Shipping

Cargo Insurance in Action: Covering Freight Damage On the Road

Cargo owners often think that transporting goods by water as more perilous than shipping freight by land. Ocean travel covers thousands of miles over several weeks versus land distances, which are typically measured in hundreds of miles and days. The assumption, therefore, is that the road comes with fewer hazards due to the shorter transits. […]

Cargo Insurance, Industry Insights, Shipping

Jones Act Temporarily Waived as Puerto Rico Is Ravaged in the Wake of Hurricane Maria

Category 4 Hurricane Maria hit Puerto Rico with a vengeance and caused unprecedented devastation to the entire island, destroying roads, structures and its electrical grid. To help get desperately needed supplies to the island, the Department of Homeland Security (DHS), upon the request of the governor of Puerto Rico, this past Thursday waived the enforcement […]

Industry Insights, Shipping

Rail, Intermodal Transport Set to Grow in the Next Four Years

Increasingly more businesses are turning to intermodal transport – using multiple modes of transportation (rail, ship, truck) – as a result in large part to current market conditions in the trucking sector. Unstable fuel prices, driver shortages, infrastructure challenges, truck capacity, and federal regulations limiting the number of hours drivers can be on the road […]

Industry Insights, Shipping, Trade, Transportation

How Strong is Your Risk Management Toolbox?

Logistics service providers and transportation intermediaries in order to run well-oiled operations should possess the risk management tools needed to help minimize losses and transfer risk. There are a number of components required in having a strong risk management toolbox that will go the distance for optimum success.   These risk management toolbox components include […]

Cargo Insurance, Errors and Omissions, Industry Insights, Shipping

Latest Ransomware Attack Hits Shipping Industry

In May, the WannaCry global ransomware attack targeted computers worldwide running Microsoft’s Window operating system by encrypting data and demanding ransom payments. WannaCry brought computer systems from Russia to China to the U.K. and the U.S. to their knees, locking people out of their data and demanding they pay a ransom or lose everything. More […]

Industry Insights, Shipping

Good News: Shippers Increasingly Relying on 3PLs for Logistics & Supply Chain Services

Supply chain consulting firm Armstrong & Associates released its report, “Trends in 3PL/Customer Relationships – 2017,” indicating that 90% of domestic Fortune 500 companies rely on third-party logistics providers (3PL) for outsourced logistics and supply chain services. Armstrong & Associates has been tracking these 3PL-customer relationships for more than a decade. The report findings are […]

Industry Insights, Insights, Shipping

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